BRICOLAGE AND GROWTH STRATEGIES: EFFECTS ON THE PERFORMANCE OF PALESTINIAN WOMEN-LED FIRMS

2014 ◽  
Vol 19 (04) ◽  
pp. 1450023 ◽  
Author(s):  
ANA M. BOJICA ◽  
ABEER ISTANBOULI ◽  
MARIA DEL MAR FUENTES-FUENTES
Keyword(s):  
Firm Performance ◽  
Resource Constraints ◽  
Positive Influence ◽  
Resource Scarcity ◽  
Growth Strategies ◽  
Female Entrepreneurs ◽  
New Locations ◽  
Nuanced Understanding ◽  
High Level

This study explores the relationships between bricolage, firm performance and growth opportunities in contexts characterized by extreme resource scarcity. Using a sample of 160 Palestinian female entrepreneurs as representative of entrepreneurs acting in extremely resource-deprived environments, we find that bricolage has a positive influence on firm performance. Further, as predicted in the hypotheses, the role of bricolage differs depending on the type of strategy the firm develops. When firms seek to introduce new products/services or modifications in their current products/services, a high level of bricolage hinders performance. Conversely, when firms seek to expand by introducing their current products/services in new markets and opening new locations, bricolage enhances performance. This study offers a more nuanced understanding than previous research of the role of bricolage in contexts of extreme resource constraints.

scholarly journals Implications of ownership identity and insider’s supremacy on the economic performance of the listed companies

2014 ◽  
Vol 11 (4) ◽  
pp. 399-411
Author(s):  
Qaiser Rafique Yasser ◽  
Abdullah Al-Mamun
Keyword(s):  
Firm Performance ◽  
Emerging Market ◽  
Research Question ◽  
Positive Influence ◽  
Theoretic Approach ◽  
Main Research ◽  
The Government ◽  
High Level ◽  
The Impact ◽  
The Relationship

We adopt a multi-theoretic approach to investigate a previously unexplored phenomenon in extant literature, namely the differential impact of ownership identity and director dominate shareholding on the performance of emerging market firms. The main research question addressed is, whether the impact of this relationship is conditional on the identity of the block investor. First, the relationship between overall block ownership and firm performance is tested by employing multiple regressions on 500 firm-year observations for the period from 2007 to 2011. Then, the block ownership is classified as the state, individuals, insiders, financial institutions, corporate and foreign investors and the influence of these identities on firm performance is examined. It was found that only the ownership categories such as the government, institutions and foreign ownership have positive influence on the firm performance. The results also indicate that high level of insider ownership also negatively associated with the firm performance. The main contribution of this paper is the examination of the relationship between block ownership and firm performance from the perspective of the identity of investors

“Ownership structure and firm performance: the mediating role of board characteristics”

2020 ◽  
Vol 20 (4) ◽  
pp. 719-737 ◽  
Author(s):  
Md Mamunur Rashid
Keyword(s):  
Firm Performance ◽  
Ownership Structure ◽  
Indirect Effect ◽  
Positive Influence ◽  
Board Independence ◽  
Content Type ◽  
Board Characteristics ◽  
Mediating Role ◽  
The Relationship

Purpose The purpose of this study is to examine the mediating role of corporate board characteristics in the relationship between ownership structure and firm performance in the listed public limited companies of Bangladesh. Design/methodology/approach The study analyzed 527 annual reports of listed companies in Bangladesh for the years 2015-2017. The direct and indirect effect of ownership structure on firm performance was examined using AMOS 23. Baron and Kenny’s (1986) four steps procedure was used to establish the mediating role of board characteristics. Findings The results demonstrated that foreign ownership and director ownership have significant positive influence on both accounting and market based firm’s performance, while institutional ownership exhibits positive influence only on accounting-based performance (return on assets). With respect to mediating effect, the results show that board size and board independence partially mediate the relationship between ownership structure and firm performance. Research limitations/implications The major limitation of the study is that it focuses only on three years data in examining the hypothesized relationship among the variables. Practical implications Investors, regulators and managers can get evocative insights, particularly who seek to improve their company’s performance in the capital market through restructuring their ownership structure and board composition. Originality/value The study focuses on both direct and indirect effect of ownership structure on firm performance in the context of an emerging and developing economy. In examining the indirect effect, the study uses board size and board independence as the mediating variables.

Entrepreneurial bricolage: crowdfunding for female entrepreneurs during COVID-19 pandemic

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Edgar Alva ◽  
Vanina Vivas ◽  
María Urcia
Keyword(s):  
Developing Countries ◽  
Resource Constraints ◽  
Financial Resource ◽  
Policy Implications ◽  
Entrepreneurial Activity ◽  
Growth Strategies ◽  
Female Entrepreneurs ◽  
New Normal ◽  
Content Type ◽  
Entrepreneurial Bricolage

Purpose The crisis generated by the COVID-19 pandemic has had unprecedented effects around the world and particularly on vulnerable populations, such as female entrepreneurs in developing countries. They are facing a new normal, characterized by high uncertainty and resource constraints. This paper aims to use the experiential learning theory applied to entrepreneurship to propose the entrepreneurial bricolage approach to study how female entrepreneurs can overcome this type of crisis. Design/methodology/approach Within the research designs of conceptual papers, the study is situated within the model approach because the authors propose novel relationships between constructs to answer the research questions through the development of theoretical propositions. Findings The analysis suggests that the entrepreneurial bricolage process represents a type of strategy that allows these women to adapt to this new normal. Based on this approach, the authors suggest that crowdfunding represents a financial resource at hand for both pre-existing female entrepreneurs and new female entrepreneurs. Practical implications The theoretical implications suggest an alternative conceptual framework of the entrepreneurial bricolage process to analyse the female entrepreneurial activity in developing countries and during crisis’ contexts. The managerial implications suggest that crowdfunding is a financial resource at hand for female entrepreneurs that allow them to perform well, innovate or implement growth strategies and have more chances of surviving and growing during the crisis. Finally, the policy implications are oriented to the promotion of this kind of financial alternative and the generation of trust for users, along with the strengthening of a regulatory framework to attract more investors and entrepreneurs. Originality/value This study provides useful information on how the crisis generated by the COVID-19 pandemic has been affecting female entrepreneurs in developing countries. It also expands on the literature on crowdfunding in terms of its advantages as a non-traditional funding source for women.

Voraussetzungen und Effekte betrieblicher Interessenvertretung in eigentümergeführten Unternehmen

2019 ◽  
Vol 67 (2) ◽  
pp. 113-144 ◽  
Author(s):  
Hans-Dieter Gerner ◽  
Holger Reinemann ◽  
Andreas Dutzi ◽  
Daniel Ludwig
Keyword(s):  
Firm Performance ◽  
Positive Influence ◽  
Economic Effects ◽  
Economic Research ◽  
Works Councils ◽  
Positive Economic ◽  
Iab Establishment Panel ◽  
Works Council ◽  
Economic Goal

Zusammenfassung Im Zentrum ökonomischer Mitbestimmungsforschung steht die Frage, ob Betriebsräte effizient sind. Die hierzu vorliegenden empirischen Befunde tendieren zu einem überwiegend positiven Einfluss von Betriebsräten auf die Performance eines Unternehmens. Weniger Beachtung in diesem Kontext fand bisher die Rolle des Eigentürmers als Geschäftsführer. Mit den Daten des IAB-Betriebspanels wird daher untersucht: (1) welchen Einfluss die Eigentümerführung auf die Wahrscheinlichkeit der Existenz eines Betriebsrats hat und (2) welche ökonomischen Effekte (Produktivität) unter den besonderen Bedingungen der Eigentümerführung erzielt werden. Mittels gepoolten OLS-Schätzungen und dynamischen Panelansätzen wird aufgezeigt, dass eigentümergeführte Unternehmen auf positive ökonomische Effekte der betrieblichen Interessenvertretung verzichten, um ihre nicht-ökonomischen Ziele wie den Erhalt von Einfluss und Kontrolle zu erfüllen. Abstract The efficiency of works councils has always been in the focus of economic research on co-determination. Empirical findings show a positive influence of works councils on firm performance. Less attention so far has been given to the role of owner-managers. The data of the IAB establishment panel is used to (1) examine the influence of owner management on the likelihood of the existence of a works council and (2) the economic effects achieved under the particular conditions of owner management. The estimations of pooled OLS and GMM models show, that owner-managers dispense with positive economic effects of works councils in order to achieve their non-economic goal of maintaining control and influence.

Arabic business relationship characteristics: a social capital perspective

2019 ◽  
Vol 34 (2) ◽  
pp. 412-425 ◽  
Author(s):  
Hussain Albin Shaikh ◽  
Sharon Purchase ◽  
Gregory Brush
Keyword(s):  
Social Capital ◽  
Business Environment ◽  
Positive Influence ◽  
Business Relationship ◽  
Structured Interviews ◽  
Content Type ◽  
Team Members ◽  
High Level ◽  
The Relationship

PurposeThe purpose of this study is to understand the development of social capital in an Arab business environment, and provide an in-depth description of the nature and role of three key Arabic business relationship characteristics (ehsan,et-mooneandwasta), their impact on each other and key influencing factors.Design/methodology/approachA qualitative research design was used, in which face-to-face semi-structured interviews were conducted with innovation teams (22 team members) at six industrial small and medium-sized enterprises in Saudi Arabia. The interviews were recorded and transcribed, then analyzed (thematic coding) through NVivo.FindingsThe findings suggest thatwasta,ehsanandet-moonealign closely with the three social capital dimensions (structural, cognitive and relational); thus, developing these three relationship characteristics most likely results in developing social capital. The findings also expand the description of the three business relationship characteristics. Moreover,ehsan,et-mooneandwastaappear to influence each other, and are affected by other factors such as an individual’s age and position, and the duration of the relationship.Ehsanhas a positive influence on the development ofet-moone, while the existence ofet-mooneappears to be necessary for the establishment ofwasta-capital. A high level ofehsanmight influence the relationship betweenet-mooneandwasta-use and limit the negative usage ofwasta.Practical implicationsInternational managers can improve the level ofehsanin their organizational and business relationships through assigning incentives and playing the role of moral champion to encourageehsanbehavior. Managers aiming to increaseet-moonemay choose team members with a high level ofehsan, emphasizing the development of personal relationships, and providing opportunities for socialization both inside and outside the workplace. A high level ofehsanandet-moonewill assist managers to develop and usewasta.Originality/valueThis study makes a threefold contribution to the literature. First, it provides an expanded description of the three Arabic business relationship characteristics and how they align closely with the dimensions of social capital.Wastaaligns with the structural dimension andehsanaligns with the cognitive dimension, whileet-moonealigns closely with the relational dimension. Second, it suggests and shows how the three relationship characteristics might interact with each other.Ehsanappears to influenceet-moone, and also the relationship betweenet-mooneandwasta.Et-mooneappears to have a positive influence onwastause. Third, the findings also indicate that there might be other factors (e.g. age and position) that influence the interactions between the three business relationship characteristics.

Investigating the role of age and maturation on the association between tennis experience and cognitive function in junior beginner to intermediate-level tennis players

2022 ◽  
pp. 174795412110558
Author(s):  
Mitchell Turner ◽  
Toru Ishihara ◽  
Philipp Beranek ◽  
Kate Turner ◽  
Job Fransen ◽  
...  
Keyword(s):  
Cognitive Performance ◽  
Strong Association ◽  
Positive Influence ◽  
Cognitive Testing ◽  
Intermediate Level ◽  
Tennis Players ◽  
Cognitive Improvement ◽  
Biological Maturity ◽  
High Level

Sport engagement, including tennis, and physical activity have been shown to have a positive influence on cognition in children. However, age has also been found to have a strong association with cognition in youth athletes. This study examines the threshold hypothesis by investigating the moderating role of age and maturation on the association between tennis experience and cognitive measures in Australian and German junior beginner to intermediate-level tennis players. The demographic information, which includes years of tennis experience, and anthropometrics (e.g. height and weight) was collected for 48 junior tennis players. A comprehensive cognitive testing battery was then completed to assess cognitive performance, with a principle component analysis used to determine an overall cognitive performance score. Multiple regression analyses were then performed to test the relationship between tennis experience and cognitive performance as well as the moderating effects of age and maturation. The results of this study indicate that the age and maturation rather than the exposure to tennis training are related to cognitive performance. Additionally, the positive relations of tennis experience to cognitive performance were stronger in younger participants, specifically those younger than 12 years old. Therefore, tennis may not provide a stimulus large enough for further cognitive improvement once players have developed a high level of cognitive performance. While age and biological maturity will largely dictate cognitive performance in adolescents, tennis experience may play some role in the cognitive performance of children (specifically <12 years of age).

Female Transnational Entrepreneurs (FTEs): A Case Study of Korean American Female Entrepreneurs in Silicon Valley

2019 ◽  
Vol 6 (1) ◽  
pp. 67-83
Author(s):  
June Y. Lee ◽  
Jane Yeonjae Lee
Keyword(s):  
First Generation ◽  
Silicon Valley ◽  
Korean American ◽  
Host Society ◽  
Female Entrepreneurs ◽  
Transnational Entrepreneurs ◽  
Nuanced Understanding ◽  
And Migration

Increasingly, studies of entrepreneurship and migration have examined the role of immigrant entrepreneurs in revitalising and diversifying the economy of the host society. Further, recent transnational skilled entrepreneurs have been understood as being much more mobile in building international networks and collaborations between their home and host societies. These studies have tended to focus on the technically oriented entrepreneurs and to produce a single grand narrative about a particular migrant group that transfers knowledge and becomes a technical pioneer in their home society. This article scrutinises a group of first-generation Korean American female transnational entrepreneurs (FTEs) living in Silicon Valley and builds a nuanced understanding about the diversity and complexity of being transnational entrepreneurs. Through a multi-layered qualitative approach, the study illustrates that three major mechanisms are at play: 1) the ecosystem of Silicon Valley; 2) the dynamics of gender and ethnicity; and 3) the adoption to live in a transnational social field. These mechanisms shape the motivations, experiences, and performances of Korean American FTEs. This article reveals the contesting ways in which these three mechanisms work simultaneously with each other.

Open innovation and firm performance: the role of organizational mechanisms

2018 ◽  
Vol 24 (3) ◽  
pp. 814-836 ◽  
Author(s):  
María J. Oltra ◽  
M. Luisa Flor ◽  
José A. Alfaro
Keyword(s):  
Firm Performance ◽  
Open Innovation ◽  
Positive Influence ◽  
Content Type ◽  
Technology Firms ◽  
Direct Generation ◽  
The Relationship ◽  
Organizational Mechanisms ◽  
Positive Effect

PurposeThe purpose of this paper is to examine the relationship between the use of open innovation (OI) practices and firm performance, and the role of organizational mechanisms (OMs) (formalization and decentralization) as moderator variables.Design/methodology/approachThe authors build a theoretical framework to define a set of hypotheses that are then verified in an empirical study. These theoretical propositions are tested by using the data gathered from a survey addressed to 244 firms in Spanish low- and medium-technology industries.FindingsWith regard to inbound practices, the practices oriented to cooperate with partners in a R&D context have a positive influence. The results show that outbound practices, either by direct generation of revenues from licensing payments or, more indirectly, through the indirect marketing and technical benefits that can stem from revealing have a positive effect on firm performance. Coupled practices, which are related to participation in clusters and innovation networks, have the highest impact on firm performance. In the industrial context examined, decentralization exerts a positive effect which enhances the effect of outbound practices meanwhile formalization reduces their positive effect.Practical implicationsThis study helps practitioners in low- and medium-technology firms to determine which OI practices are most beneficial to firm performance and how formalization and decentralization can influence the relationship between OI and firm performance.Originality/valueThis study helps determine the influence of OI practices in terms of inbound, outbound and coupled types through an analysis of low- and medium-technology firms. The OI literature is enriched by the types herein of the role of OMs, which includes an analysis of how formalization and decentralization moderate the influence of OI practices on firm performance.

scholarly journals Antecedents and consequences of market orientation in international B2B market: role of export assistance as a moderator

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Md Imtiaz Mostafiz ◽  
Murali Sambasivan ◽  
See Kwong Goh
Keyword(s):  
Firm Performance ◽  
Market Orientation ◽  
Structural Equation ◽  
Resource Scarcity ◽  
Manufacturing Firms ◽  
Content Type ◽  
Export Assistance ◽  
The Relationship ◽  
Export Manufacturing

Purpose The significance of market orientation (MO) in industrial marketing literature is immense. Separately, the role of dynamic managerial capability (DMC) as an individual-level capability has been found to be beneficial to business-to-business (B2B) transactions. However, the assessments of DMC as the antecedent to complement MO in achieving firm performance are rare. To address this knowledge gap, this study builds upon a research framework on the DMC theory and MO literature. Additionally, this study aims to investigate how export assistance avails MO-firm performance relationship and assists entrepreneurs to thrive in the international market. Design/methodology/approach The research was conducted among the entrepreneurial export manufacturing firms in the apparel industry in Bangladesh. Structural equation modelling was used to investigate the hypothesized relationship among 329 firms. Findings Two attributes of DMC, namely, managerial social capital and managerial cognition of entrepreneurs improve the MO process of export manufacturing firms. MO mediates the relationship between DMC and firm performance. Additionally, export assistance positively moderates the relationship between MO and the financial performance of the firm. Originality/value MO requires complementary capabilities to realize the value of it efficiently. This study strongly advocates entrepreneurs to nurture DMC to leverage MO and capitalize on emerging opportunities by productively using export assistance. Firms in the emerging economies often suffer from resource-scarcity and export assistance mitigates barriers to expand international operations and yield financial liberty to the firms operating in the international B2B market.

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